FTC Digs Deeper Into Funeral Home Merger

Law360 (June 12, 2006, 12:00 AM EDT) -- The U.S. Federal Trade Commission has requested more information from two of the nation’s largest funeral home operators in its examination of whether their impending merger will diminish competition in the funeral home industry.

Service Corporation International (SCI), which plans to take over Alderwoods Group Inc. by the end of 2006, said the companies intend to cooperate with the FTC’s requests.

The merger has become a matter of controversy for the two companies, which have recently been embroiled in several antitrust lawsuits.

Although the FTC decided...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.